How it works.
'Searching for a loan' with Friendly Finance is simple, secure and completely free. There is also no obligation to take out a loan if you are matched with a lender. See how much you can borrow today.
APPLY
Complete our online application form. This will only take a few minutes and your data is 100% safe & secure.
SEARCH
Once you submit your details, our smart technology scans hundreds of personal loan products to match you with a lender.
DECISION
We'll let you know within minutes if we can match you with a lender. We have some of the best lenders in Australia on our team.
We search the market, so you don't have to.
Friendly Finance is your online helping hand in consumer finance. Our mission is to help Australian consumers make informed financial decisions, by providing information on the most common consumer finance products. We also provide a free, no-obligation loan search to all visitors. Reach a market of lenders through one simple application.
Immediate Outcome
100% Transparent
Easy Application
Flexible Loans
Loan amount
$300 - $2,000
Terms
12 months
Costs
20% upfront establishment fee
+ 4% monthly fee
Example
Loan Amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.
Under the current legislation, most small personal loan providers don’t charge an annual interest rate (you’ll know this as an APR) %. The maximum you will be charged is a flat 20% Establishment Fee and a flat 4% Monthly Fee. The maximum comparison rate on loans between $300 and $2000 is 199.43%. This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
Loan amount
$2,001 - $4,600
Terms
13 months
24 months
Costs
48% annual percantage rate
67.41% comparison rate p.a.
Example
Loan Amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,379.06 (reducing interest) = $4,779.06 total repayable over 18 months with weekly installments of $61.27.
This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan.
Loan amount
$5,000 - $15,000
Terms
13 months
24 months
Costs
21.24% annual percantage rate
48% comparison rate p.a.
Example
Loan Amount of $10,000 over 24 months repayable weekly (104 weekly repayments). $10,000 (Principle Amount) + $5,577.12 (Interest) = $15,577.12 total repayable over 24 months with weekly installments of $149.78.
This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan.
Why Friendly Finance?
Our confidence in our ability to deliver you the highest quality comparisons arises from our decades of experience in the financial services. We have first-hand experience using these financial products, so we intimately understand the mechanics of how they work.
